Two online banks, Evantage Bank and AmericaNet Bank, offer 1.75% APY with their Mega Money Market account. It’s one of the best rates in the country with no other conditions except for the $35K cap. Evantage is an internet division of Southwest State Bank whereas AmericaNet Bank belongs to All America Bank.
Besides the high Money Market Account, they also have the 4% APY reward checking account up to $10K.
Effective November 18, 2010, the interest rate offered on Mega Money Market Checking Accounts will be 1.75%.
Monthly Statements are received electronically
Includes 6 FREE withdrawals per month
FREE Evantage MasterCard® CheckCard
FREE Account (No Monthly Maintenance Fee)
FREE Online Banking
FREE Customer Service
Overdraft Privilege available.
NO MINIMUM BALANCE
Details of Account:
Earns interest of 2.00% APY* calculated on your daily balance of up to $35,000. Amounts over $35,000 earn 1.00% APY*
Includes 6 FREE withdrawals per month.
$5 fee for each additional withdrawal